Question: Using 2012 as the base year, prepare a trend analysis for the following data. (Round your answers to one decimal place.) 2014 2013 2012 Net

Using 2012 as the base year, prepare a trend analysis for the following data. (Round your answers to one decimal place.)

2014 2013 2012

Net sales $316,000 $272,000 $224,00

Accounts receivable (net) 86,000 64,000 42,000

2014 2013 2012

Net sales: % % %

Accounts receivable (net): % % %

Tell whether the results suggest a favorable or unfavorable trend.

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